Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Explained: India’s market correction, China’s sub-par stimulus salvo
An index is said to be in a “correction” phase when it falls more than 10% from its last peak level. A more-than-20% fall ...
WEIS3h
Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.Credit ...
Pacific Daily News4h
Weekly Mortgage Rates Dip as Inflation Heats Up
Mortgage rates fell slightly in the week ending Nov. 14, marking the first time weekly rates have gone down since September.
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Bangkok Post5h
Abrdn trims forecast for Fed rate cuts amid sticky inflation
Abrdn Investments, the UK-based global investment and asset manager, has nearly halved its forecast for Federal Reserve rate cuts next year based on signals of rising inflation under US ...
ABC 17 News5h
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s ...
KRDO5h
Fed’s Powell: Rate cuts are still underway
A live TV news station covering breaking news and traffic for Colorado Springs, Pueblo, and Southern Colorado with a strong investigative team ...
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...